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On Monday, Twitter customers observed that the standard blue fowl brand had been changed by a cartoon image of Doge. In the meantime, the main meme coin cryptocurrency, Dogecoin, jumped 23% increased in opposition to the U.S. greenback after the brand change.
Twitter Chicken Emblem Adjustments to Doge
Twitter has up to date its brand, changing it with an image of the well-known Shiba Inu Doge. It’s unsure how lengthy the Doge brand will final, but it surely has change into a topic of conversation on Twitter since folks observed the change. “Does anybody else see Doge because the Twitter brand?” one particular person asked at 1:30 p.m. ET. The information follows Elon Musk’s insistence {that a} decide ought to drop the billion-dollar lawsuit and confused that tweeting assist for Dogecoin shouldn’t be illegal.
It additionally comes at a time when blue checkmark verifications could disappear for Twitter customers who don’t pay a charge. Twitter’s unique blue fowl brand known as “Larry T Chicken,” and it was inspired by NBA legend and Corridor-of-Famer Larry Chicken. There was no formal announcement of the brand change, and folks suspected Elon Musk is behind it resulting from his fondness for the well-known Shiba Inu meme.
— Elon Musk (@elonmusk) April 3, 2023
The meme coin dogecoin (DOGE), which is the eighth largest cryptocurrency by market capitalization, surged greater than 23% on the information. DOGE reached a excessive on Monday of $0.1011 per unit, and it had $1.22 billion in 24-hour world commerce quantity.
Yr-to-date, DOGE is down 28%, however over the past two weeks, the meme coin has elevated by 30%. “DOGE brand now seems while you log onto Twitter,” one Twitter person commented. “What’s Elon Musk attempting to inform us, and the way lengthy will it keep there?” the person added.
Musk joked concerning the brand change by sharing a meme that has greater than 175,000 likes and over 22,000 retweets. He additionally shared a picture of the Wall Road Bets (WSB) Chairman telling Musk to vary the fowl brand to Doge final 12 months. “Haha that may be sick,” Musk replied on the time.
What do you consider Twitter’s determination to vary its brand to Doge? Share your ideas about this topic within the feedback part beneath.
Picture Credit: Shutterstock, Pixabay, Wiki Commons
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